Find an Agent
Buying a home is not a decision to be taken lightly — it’s one of the most significant investments you will make in your life. If you are looking to work with a qualified mortgage broker to help you through the process, be sure to find a team that has the experience and portfolio. Some mortgage brokers may not have the reputation that you require, so it’s essential to find the right partnership.
Leading mortgage brokers today will advocate for their clients, know everything about the market, and have strong negotiating skills. They know how fast-paced the real estate market is, which is why they stay on top of each trend and are constantly developing their expertise. A qualified mortgage specialist will also offer objective feedback that will help you make an informed financial decision. Furthermore, you will want to ensure they have the relevant education and are licensed according to what is required in Canada.
Types of Mortgage Professionals
When deciding on a mortgage professional, there are many experts to consider. At SMP Mortgages, we are proud to offer our clients a variety of licensed and experienced mortgage professionals to assist in purchasing a new home.
What is a mortgage broker?
A mortgage broker is a person who is licensed and performs many duties, such as supervising agents. Brokers do not lend money themselves, but rather find the most competitive rates for their clients. To do so, they analyze an individual’s financial record, down payment amount, and what kind of property they want to purchase. Essentially, they liaise between the lender and the borrower and handle the paperwork.
When you are researching an agent, make sure they have at least two years of experience and the proper education. If you choose an agent at sMp Mortgages, all our brokers have the necessary background and licensing to make the selection process easier for you.
What is a mortgage agent?
A mortgage agent is licensed and carries out responsibilities as set forth by the mortgage broker, as well as is supervised by this individual. At sMp Mortgages, we have many keen and knowledgeable mortgage agents that pride themselves on helping you find your dream home without breaking the bank.
What is a mortgage administrator?
A mortgage administrator is a business, like SMP Mortgages, that has the licensing to obtain mortgage payments from their borrowing clients, and send these payments to the lender. A lender hires a mortgage administrator as a way to manage the agreement and future payments.
Hiring a mortgage professional should be the least stressful part of the home buying process. When you work with a qualified mortgage professional, they take out all the daunting steps for you and help you find the best deal possible. When you do the proper research, you’ll discover the right agent who will lead you on your mortgage purchasing journey.
Find a Mortgage Agent
If you are looking for an agent, why not hire one of the qualified experts at SMP Mortgages? Our team has been working in this industry for over a decade, and our agents have a combined experience of 50 years. We stand by our incredible team and know that they have the education, years of knowledge, and work experience to find you the best deal.
To work with us and find an agent today, call us at 1-844-MY-PLAN or fill out the contact form on our site.
We can’t wait to work with you on your next home purchase!